TORONTO, June 18, 2025 /CNW/ - Bridgemarq Real Estate Services Inc. ("Bridgemarq" or the "Company") (TSX: BRE) today announced a cash dividend of $0.1125 per restricted voting share payable on July 31, 2025, to shareholders of record on June 30, 2025. 

About Bridgemarq Real Estate ServicesBridgemarq is a leading provider of services to residential real estate brokers and a network of approximately 21,000 REALTORS® through its franchise network and corporately owned brokerages. We operate in Canada under the Royal LePage®, Proprio Direct®, Via Capitale®, Johnston & Daniel® and Les Immeubles Mont-Tremblant brands. For more information, go to www.bridgemarq.com.

TORONTO, June 3, 2025 /CNW/ - Bridgemarq Real Estate Services Inc. ("Bridgemarq" or the "Company") (TSX: BRE) today announced the appointment of Wallace Wang as its new Chief Financial Officer, effective July 1, 2025.

Mr. Wang joins Bridgemarq from Brookfield Asset Management, bringing a solid track record of supporting strategic financial decision-making together with strong leadership capabilities. He is a Chartered Professional Accountant (CPA) and holds both a Bachelor's degree in Mathematics and Accounting and a Master's degree in Accounting.

Nearly a third of Canadians retiring within the next two years say they won't have their home paid off

Highlights:

Three in ten Canadians (29%) planning to retire within the next two years say they will carry a mortgage into retirement.Nearly half (47%) of Canadians approaching retirement say they do not plan to downsize their home.43% of Royal LePage experts say condominiums are the most popular property type among downsizing retirees.

TORONTO, May 27, 2025 /CNW/ - A recent Royal LePage survey, conducted by Leger,1 suggests a new housing reality for older Canadians is taking shape. According to the survey, nearly three in ten Canadians (29%) who are planning to retire in 2025 or 2026 say they will continue to make mortgage payments on their primary residence into retirement. The trend seems to be accelerating, as affordability continues to challenge Canadians of all ages: only half as many senior households had mortgage debt approximately ten years ago. According to Statistics Canada, 14 per cent of households with income earners aged 65 and over had a mortgage in 2016, up significantly from eight per cent in 1999.2

TORONTO, May 13, 2025 /CNW/ - Bridgemarq Real Estate Services Inc. ("Bridgemarq" or the "Company") (TSX: BRE) today announced the voting results for the directors elected at the Company's annual meeting of shareholders held virtually on May 13, 2025.

Bridgemarq is pleased to announce that the holders of restricted voting shares have elected Mr. Colum Bastable, Ms. Lorraine Bell, Ms. Jitanjli Datt, Mr. Brian Hoecht and Ms. Gail Kilgour to the board of directors. The results of the voting are summarized in the following table:

TORONTO, May 13, 2025 /CNW/ - Bridgemarq Real Estate Services Inc. ("Bridgemarq" or the "Company") (TSX: BRE) today released its first quarter consolidated financial results and announced a monthly dividend to holders of the Company's restricted voting shares.

HIGHLIGHTS

Revenue in the first quarter amounted to $78.0 million, compared to the $11.9 million generated in the first quarter of 2024, reflecting the operations of the brokerage businesses that were acquired on March 31, 2024. Franchise fees for the first quarter increased marginally due to the benefit of fee increases implemented at the start of the year, partly offset by the fact that the franchise fee revenues received from the acquired brokerages are now eliminated from the consolidated accounts of the Company.The Company generated net earnings of $6.0 million or $0.20 per fully diluted share, compared to a net loss of $0.4 million or $0.04 per diluted share in 2024, primarily driven by a gain of $5.7 million on the fair valuation of the Exchangeable Units.The Company saw an increase in working capital which contributed to cash used in operating activities of $1.3 million in the first quarter of 2025, compared to cash provided of $2.1 million in 2024.Adjusted Net Earnings amounted to $3.1 million in the first quarter or $0.20 per diluted share, compared to $2.4 million or $0.19 last year, primarily due to the operating results of the acquired businesses, lower interest expenses and lower impairment of intangible assets.The Company generated $4.1 million in free cash flow in the first quarter of 2025, compared to $4.0 million in 2024.The Board of Directors approved a dividend to shareholders of $0.1125 per Restricted Voting Share, payable on June 30, 2025, to shareholders of record on May 30, 2025.

TORONTO, May 6, 2025 /CNW/ - Bridgemarq Real Estate Services Inc. ("Bridgemarq" or the "Company") (TSX: BRE) today that it will host a conference call on Tuesday, May 13, 2025, at 3:00 P.M. ET to discuss its first quarter financial results.

To access the call, please dial in or connect via webcast as shown below:

To access the call by telephone, please dial 1-888-699-1199 or 416-945-7677. To access the call online, please visit https://app.webinar.net/Z1vV04ndyXP.

Please connect approximately ten minutes prior to the beginning of the call to ensure participation.

TORONTO, April 17, 2025 /CNW/ - Bridgemarq Real Estate Services Inc. ("Bridgemarq" or the "Company") (TSX: BRE) today announced a cash dividend of $0.1125 per restricted voting share payable on May 30, 2025, to shareholders of record on April 30, 2025. 

About Bridgemarq Real Estate ServicesBridgemarq is a leading provider of services to residential real estate brokers and a network of approximately 21,000 REALTORS® through its franchise network and corporately owned brokerages. We operate in Canada under the Royal LePage®, Proprio Direct®, Via Capitale®, Johnston & Daniel® and Les Immeubles Mont-Tremblant brands. For more information, go to www.bridgemarq.com.

Greater regions of Toronto and Vancouver record modest price declines amid stalled activity in Q1, while values in regional markets in Quebec, the Prairies and Atlantic Canada continue to appreciate  

First quarter highlights:

The national aggregate home price rose 2.1% year over year in Q1 2025, and a modest 1.2% over Q4 2024.Greater Montreal Area's aggregate home price increased 7.9% year over year, while the greater Toronto and Vancouver markets recorded declines of 2.7% and 0.7%, respectively.Quebec City continues to lead the country in aggregate price appreciation, rising 17.0% year over year in Q1; the highest increase among the report's major regions for the fourth consecutive quarter.Amid economic and political uncertainty, confidence in the economy is split: 49% of Canadians say they are confident, while 43% are not.Quebecers are the most optimistic, with 65% of respondents reporting confidence in the Canadian economy. Those in Manitoba and Saskatchewan are the least confident (34%).

Forecast maintained for 2025: Royal LePage expects prices to rise 7%, despite uncertain economic environment

First quarter highlights:

In the first quarter of 2025, the weighted median price of a property in the province of Quebec increased 7.6% compared to the same period in 2024.All Quebec markets recorded year-over-year price gains in the first three months of the year, a trend contrary to the markets in Ontario and British Columbia.Quebec City remains at the forefront of aggregate price appreciation, which in the first quarter was up 17.0% over Q1 2024; the largest increase among the report's major regions nationally and provincially for the fourth consecutive quarter.According to a new Royal LePage survey, 65% of Quebecers say they are confident in the country's economy today, the highest proportion of any Canadian province.Approximately one in two (48%) Quebec homebuyers say they have put their purchase plans on hold due to the ongoing trade dispute with the United States.

TORONTO, April 3, 2025 /CNW/ - Bridgemarq Real Estate Services Inc. ("Bridgemarq" or the "Company") (TSX: BRE) today announced that its Chief Financial Officer, Mr. Glen McMillan, will be retiring in the third quarter of 2025.

The Company has initiated a formal search for a successor to Mr. McMillan. The Board of Directors expects to appoint a new CFO before Mr. McMillan's retirement to ensure a seamless transition.

Mr. McMillan joined Bridgmarq in 2015 and, over his tenure, he has been instrumental in guiding Bridgemarq's financial strategy and in supporting the Company's growth objectives. Mr. McMillan will continue to serve as CFO until his retirement date, working closely with the management team to ensure a smooth handover of responsibilities to his successor.